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707 Wayne Avenue

707 Wayne Avenue, Vineland, NJ 08360
Property in Cumberland
Sold Mar 18, 2020
$135,000
$101,250 by Mortgage 1 Inc
Mortgage Due Mar 18, 2050
Sold Mar 15, 1989
Transfer
707 Wayne Avenue has been categorized by the local assessors in Vineland, NJ as a residential type of property. The building on the property was first built in 1984 and is 40 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 707 Wayne Avenue has 1,008 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,420 ft and across the front of the lot is 910 ft. The area measurement of the land has been determined as 12,920 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 707 Wayne Avenue sold most recently in Feb 20, 2020 for a total of $135,000. If you work out the math, that's approximately a cost of $133.93 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,770 in taxes each year. 707 Wayne Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $119,200. If we break it down further, the land itself was valued at $29,900. Improvements to the property, however, were assessed at a total of $89,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,920
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 910
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,008
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.297
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MENDEZ CARRILLO
  • Current Owner 2: MENDEZ GUADALUPE
  • Previous Owner : MACDADE ROBIN J
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Vineland City School District
  • Census Tract: 040400

Zoning

  • Zoning: 1

Geography

  • Assessors Map Reference: TAX MAP 16
  • Account Number: 00002454
  • District: 14
  • Parcel: 14 01601-0000-00039
  • Block: 1601
  • Lot: 39
  • Municipality: VINELAND CITY
  • Latitude: 39.5065
  • Longitude: -75.0382

    Address

  • Full Address: 707 Wayne Ave
  • Address - House Number: 707
  • Address - Street Name: Wayne
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Vineland
  • Carrier Code: C027
  • 4-Digit Zip Code: 2223
  • Zip Code: 08360

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,770

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $101,250
  • First Open Lien Mortgage Lender: MORTGAGE 1 INC
  • First Open Lien Mortgage Recording Date: Mar 18, 2020
  • First Open Lien Mortgage Loan Amount: $101,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Mar 18, 2050

    Market Valuation

  • Market Total Value: $119,200
  • Market Land Value: $29,900
  • Market Improvement Value: $89,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $119,200
  • Assessed Land Value: $29,900
  • Assessed Improvements Value: $89,300

    Sales

  • Current Sale Contract Date: Feb 20, 2020
  • Current Sale Recording Date: Mar 18, 2020
  • Current Sale Transaction ID: 11753721342
  • Current Sale Price: $135,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 595703
  • Previous Sale Recording Date: Mar 15, 1989
  • Previous Sale Contract Date: Mar 15, 1989
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE 1 INC
  • First Mortgage Transaction Date: Mar 18, 2020
  • First Mortgage Loan Amount: $101,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Vineland



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 18 Ewan Ter, VINELAND, NJ, 08360

$2,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,500 ft²
18 Ewan Ter, VINELAND, NJ, 08360 Listing by RH Advisors Bright

Frequently Asked Questions

What neighborhood is 707 Wayne Avenue located in?
The 707 Wayne Avenue is a located in the neighborhood of Cumberland in Vineland, Vineland.
What is the average sales price for listings in 707 Wayne Avenue?
The average sales price for units in 707 Wayne Avenue is $0 currently.

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